https://www.taxtmi.com/caselaws?id=69766 Penalty for belated filing of a gift-tax return was held not leviable where the assessee showed reasonable cause for the delay. The return was filed after due date, but the assessee had already disclosed the gift deed in proceedings under section 230A and later filed the return voluntarily on professional advice. On these facts, the conduct was treated as a technical breach rather than deliberate defiance, dishonest intention, or contumacious disregard of statutory obligations, so the penalty order was cancelled. en-us Thu, 12 Apr 1979 00:00:00 +0530 Tue, 12 Apr 2011 10:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69766 Penalty for belated filing of a gift-tax return was held not leviable where the assessee showed reasonable cause for the delay. The return was filed after due date, but the assessee had already disclosed the gift deed in proceedings under section 230A and later filed the return voluntarily on professional advice. On these facts, the conduct was treated as a technical breach rather than deliberate defiance, dishonest intention, or contumacious disregard of statutory obligations, so the penalty order was cancelled. Case-Laws Income Tax Thu, 12 Apr 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69766